Question

Helen Ming receives a travel allowance of $230 each week from her company for time away from home. If this allowance is taxable and she has a 10 percent income tax rate, what amount will she have to pay in taxes for this employee benefit?

Answer 1

She will pay $23 in taxes for $230 employee benefit

Explanation:

10% of $230=
`(10*230)/(100)`

10% of $230 = $23

She will pay $23 in taxes for $230 employee benefit